June 12 , 2008 Business Alliance Grubstake
Breakfast Presenters
Five Tech Companies Pitch Investors at Grubstake Breakfast
- Tech Journal South
Eye Q Development utilizes an array of patent pending technology and proprietary software platforms to inlay RFID into tickets, ID cards, and water resistant wrist bands to allow tracking of assets and personnel for security and marketing data analysis. Eye Q provides, a comprehensive solution, supported by RFID tags, software, and hosting. The firm's sales strategy allows for several additional implementations to be introduced over time at a very low cost which makes for a scalable product model allowing for dynamic growth through the cross pollenization of products and services, providing several additional revenue streams. With paying clients, pending contracts, and letters of intent from several potential clients, the time is now to partner with Eye Q Development as an investor.
Eye Q Development is seeking $2M series "A" investment that will be used for sales/ marketing, product completion of additional software, and beta and close of current pipeline.
Contact:
Cliff Kreig, President & Founder
703-766-5791 | ck@eyeqdevelopment.com
www.eyeqdevelopment.com
GlobalTrac, Inc. has developed a unique and economical means of providing full food animal and produce trace ability in alignment with the USDA National Animal Identification System (NAIS) and Animal and Plant Health Inspection Service (APHIS). Using a pre-configured smart phone, animal and produce data is recorded easily in the field and transmitted quickly and securely to a NAIS compliant database. Data such as health information, vaccinations, weight, animal or produce ID and other life cycle events is sent directly to the database along with time, date and GPS coordinates. This ensures that the data will be accurate and available to the rancher, farmer or USDA as quickly as possible to contain outbreaks of food related illnesses. By using this food identification and tracking system, the USDA can rapidly assess and contain any reports or evidence of a food related problem such as the deadly E. coli or salmonella pathogens.
GlobalTrac is seeking $2 million dollars in this round of funding. The funds will be used to add to staff, migrate the system to the new Treo 800 due to be released in the fall of 2009, and to commercialize our product and launch to the general public.
Contact:
David Ridling, President
704-212-6076 | davidridling@carolina.rr.com
www.carolina.rr.com
IRFlex is in a unique position to develop and supply mid-infrared fiber-optic devices for the military. These mid-infrared fiber products are key components in the new anti-missile systems for the military and commercial aircrafts: fiber transmission cable, fiber-optic switch, and fiber laser. The Government wants to have a U.S. supplier of commercial mid-infrared fibers and devices. IRFlex has the best expertise and technology to become the exclusive supplier of the mid-infrared fibers and devices for the anti-missile market. The estimated anti-missile market is $750M to equip 5000 military aircrafts with mid-infrared fiber-optic devices over the next 15 years. This is a captive market meaning the supplier of qualified products will have sole supply exclusivity. Chemical sensors and other emerging commercial markets will also benefit from the new mid-infrared fiber devices.
IRFlex is seeking private funding of approximately $1M to acquire the fiber-optic equipment and produce commercial products.
Contact:
Francois Chenard, President
418-655-4228 | francois.chenard@irflex.com
www.irflex.com
Loladex, Inc. is a local search engine that allows users to find local businesses based on recommendations from people they know. By integrating with existing social networks, Loladex emulates the word-of-mouth process that most people prefer for choosing local merchants. In addition to reviews from friends, Loladex provides users a complete picture by incorporating basic information on more than 16 million local businesses; editorial from trusted sources like Washingtonian Magazine; and useful tools like restaurant reservations from Open Table. Loladex launched a public beta version on Facebook in March, focusing on the DC Metro area.
With $350K invested so far, Loladex is seeking an additional $750K in seed funding to support growth of its existing product and expansion onto other web, social and mobile platforms. Based in Leesburg, VA, Loladex was co-founded by Laurence Hooper and Dan Goodman, two former AOL executives with twelve years’ combined experience in local online products.
Contact:
Dan Goodman, Co-founder and COO
301-404-8787 | dan@loladex.com
www.loladex.com
Ordia Solutions, Inc.'s Ordia Solutions, Inc.’s Mobile Tactical Collaboration System” (MTCS) is a web-based software application
that allows law enforcement officers and other first-responders to communicate and collaborate visually
in real-time using tactical graphics, digital maps, and shared workspaces to enable highly effective
command & control without ever having to setup a physical command post. The Company has current
engagements with several of the major city police departments like DC Metro, Baltimore, Pittsburgh,
Philadelphia, Dallas, and Richmond. Three of these engagements have already begun to generate
revenues and the Company has a growing sales pipeline approaching $6M.
Ordia Solutions already has raised $630k in investment capital and currently is seeking an additional
$500k. These funds will be used to continue operations and build customer support infrastructure
while the early-adopter deals continue towards closing.
Contact: Joe Ordia, CEO
703-231-1007 | jordia@ordiasolutions.com
www.ordiasolutions.com
Spotlight Table
Changefire provides easy-to-use, outcome-focused software-as-a-service that enables employers
consumers to proactively manage health and fitness. Changefire targets organizations of all sizes,
focuses on using “fun” to increase participation (and ROI) significantly over the current industry-
14% participation levels in wellness programs.
Changefire is early revenue stage, and seeking $2 million to focus on sales and marketing..
Contact: Irfan Kamal, President and CEO
703-549-1988 | irfan1@changefire.com
www.changefire.com
March 14, 2008 Business Alliance Grubstake
Breakfast Presenters
ArguSight, Inc. has developed a gigapixel video camera technology that can blanket an entire city at once with video at five frames per second enabling the company to launch innovative geospatial products and services with applications for the military, transportation, crime surveillance, and homeland Security. This camera technology promises to create new video services markets and change aerial imagery services as we know them today. Imagine creating imagery of the entire Gulf Coast 3 days before and after Katrina for the insurance industry, or imagine recording persistent video surveillance over an entire city while sending streaming high definition video to multiple responders on the ground. Situational awareness on this scale never was feasible until now. ArguSight has removed significant technology risk through previous government investment. The company currently is seeking $1-$2M in investment capital to build a second camera to launch services and support sales demonstrations; to facilitate the firm’s market launch, and the development of a new color version camera.
Contact: Stuart Claggett, CEO | p. 703-451-1777 X 101,
sclaggett@argusight.com | www.argusight.com
Conflicts Authority Inc. mitigates risk and assures compliance by identifying potential conflicts of interest in the legal and financial services community using a system which tracks interlocking relationships among officers, directors, key personnel, stockholders, corporations, subsidiaries and branches. The firm’s mission is to provide an extensive database of these unique corporate interlocking relationships. Conflicts Authority’s management team grew a company in this industry from $0 to $22 million in annual revenue and sold the company for more than $50 million. The firm’s co-founders have over 14 years experience working together growing and managing a successful organization within the legal and business information industry. The company currently is seeking $2M in investment capital to acquire data, build additional unique data sets, create data linkages, maintain timely and accurate updates, and create the infrastructure required to launch the online product in July of 2008.
Contact: Phil Brown, Co-Founder President & CEO
p. 703-917-4293 | phil.brown@conflictsauthority.com
www.conflictsauthority.com
Health e-Lunch Kids, Inc. offers a broad, nutrition based platform for wellness which utilizes proprietary web based menu planning and nutrition-focused lunch solutions personalized for each child to help parents raise, healthy, successful, confident kids! Good food impacts children’s overall well being; their mood, their sleep patterns, their confidence, their grades, their energy, their success. Kids and parents order and pay for lunch online, choosing from an online menu of healthy items. Lunches are prepared fresh daily and delivered to schools and camp. Health e-Lunch Kids utilizes a network of suppliers and distribution partners to produce and deliver to schools, camps and retail outlets. The company currently is seeking $250K in investment capital for staffing needs, information systems, marketing and legal expenses associated with creating a commercial agreement.
Contact: Monica Tomasso, Founder & CEO | p. 703-402-9064
monica@healthelunchkids.com
www.healthelunchkids.com
Innovative Biologics, Inc. - (IBI) is an anti-infective drug company targeting microbes producing pore-forming toxins, an applicable to MRSA, HCV, and Influenza. wo lead MRSA compounds currently are undergoing cell-based assays and mice studies with at least one of them expected to be validated this year. Many pathogens utilize the formation of pores in the membranes of target cells in the process of infection. IBI has developed the CycloPlex" platform to identify compounds which inhibit their action, based on blocking the target pore with molecules having the same symmetry as the pore itself, using ß-cyclodextrin as a scaffold. This approach is applicable to MRSA, HCV, Influenza, efflux pump mechanisms and neutralizing virulence in anthrax. IBI’s priority research program is MRSA, a $28 billion market where existing treatments are insufficient to address patient needs, and treatment regimens are moving toward combinations of two or more drugs as long-term solutions. IBI has secured $1.7 million in NIH grant funding and a $200,000 investment from the CIT BioLife Fund. Currently, IBI is seeking a seed $750K-$1M to initiate preclinical testing on IB-201.
Contact: Jeff Conroy, CEO | p. 703-346-0751
jxc@innovbio.com | www.innovbio.com
SETECS, Inc. develops and markets advanced smart card software products for the identity and access management market using sophisticated software "applets" with enhanced credentials to verify identity and authorization for physical/logical access purposes residing in the smart cards and "middleware" facilitating communication between both desktop or handheld devices that facilitates communication with smartcards. The global market for identity and access management solutions is estimated to reach $10 billion over the next several years and is expanding rapidly across key government and commercial sectors. SETECS has market tested products that have generated over $1.0 million in sales through 2007. The company currently is seeking $500K in investment capital to help fund continued operations and product certifications, with the expectation of raising roughly $3 million in a Series A investment to provide the company with the working capital and financial resources necessary to support a rapid expansion of the company's sales and operations during the second half of this year.
Contact:
Mark Heffernan,
Vice President of Finance and Administration
p. 301-587-7877 | mark.heffernan@setecs.com
www.setecs.com
Spotlight Tables
HailCab Service is a free Location Based Service allowing anyone with a cell phone/smartphone to Hail a Cab to his/her location and know exactly when it is arriving--no more downtime walking aimlessly, yelling, waving your arms, standing in the cold, remembering cab phone numbers, etc.
The mobile phone HailCab service is the best way to catch a cab and its free! No more walking aimlessly, squinting, yelling, waving your arms, standing in the cold, remembering cab phone numbers etc. HailCab is a Location Based Service that allows anyone with a cell phone or smartphone to use a map of nearby cabs and the GPS technology in their cell phone to hail a cab right to their exact location and know exactly when it is arriving. There are demos and over 15 features of Hail Cab for the Commuter, Cab Driver and Cab Co over at www.HailCab.com.
Contact:
Andrew Weyrich, CEO | p. 703-395-9735
aweyrich@gmail.com | www.hailcab.com
www.weyrichenterprises.com
Searchles is a highly scaleable social search, bookmarking, and networking platform with online video mash up as well as online video editing tool that showcases expertise, enablingcollaboration with peers and instant capture of information. Beyond the portal itself, the Social Discovery for media solutions technology is targeted to meet the needs of original content publishers who require tools for better connecting and monetizing their audience and content as well as expanding reach. Searchles raised $1.425M from angel and currently is seeking an additional $2M to expand the Index and user base; hire developers, engineers, and a marketing and business development executive.
Contact: Elias Shams, CEO | p. 202-903-2413
eshams@searchles.com | www.searchles.com
October 23, 2007 Business Alliance Grubstake
Breakfast Presenters
BioFactura is a biopharmaceutical development company focused on solving unmet medical and national security needs in the infectious disease arena. With a pipeline including therapeutics, vaccines, diagnostics, and biomanufacturing technologies, BioFactura intends to bring critical products rapidly to market. The company’s lead initiative is its Smallpox Biodefense Therapeutic that has been demonstrated to consistently neutralize virus. Drug development is supported by a direct collaboration with the United States Army Medical Research Institute of Infectious Diseases. This critical countermeasure may be procured for US stockpiles as soon as 2010 with combined contract values of over $400 million.
BioFactura, in partnership with world leaders in tropical medicine, also is developing a field-ready diagnostic kit to detect the Lassa fever virus, a biothreat endemic to West Africa. This technology is being applied to both vaccine and therapeutic development. In addition, BioFactura is developing a new biomanufacturing system for the manufacture of its products.
BioFactura is seeking to raise a total $12.5 million in two tranches over the next 12-18 months to move the Company’s lead products into clinical trials and commercialization. The first tranche of $2.0 million is needed to advance BioFactura’s smallpox therapeutic program through pre-clinical studies to an Investigational New Drug (IND) filing in late 2008, cover patent and license fees, ramp up headcount, and provide a contingency cash reserve.
Contact: Darryl Sampey, President & CEO, 240-620-3566, dsampey@biofactura.com, www.biofactura.com
Dynawave has a patented plasma technology that generates extremely powerful shock waves which can be used to quickly and efficiently purifies wastewater. A majority of the 30,000 wastewater facilities in the US will be upgraded during the next decade. Non-US facilities may increase the number by ten times. The average facility upgrade cost is $20 million. The Dynawave solution is more effective, cheaper, smaller, scalable, and is environmentally cleaner than current technologies. Profits per site could exceed $5 million. Averaging only 60 installations/year (0.2% of the US market) could produce $300 million/year in profit.
Dyanwave’s pulsed technology also can be applied to desalinization, hazardous waste, mining, pulp processing, and Government applications. Any of these could be another multi-million dollar business.
Dynawave is seeking $1.5 million to fund a functioning prototype. Fund use includes: final formal design, $200K; solution construction, $800K; on-site testing and modification, $250K; working capital, legal, $250K.
Contact: Stephen Miko, 540-989-8849, COO, steve@igniteboom.com
Mpowerplayer helps mobile gaming publishers more effectively market and sell their games. Inefficiencies in existing mobile merchandising and monetization are widely acknowledged as a high-profile problem by major industry players and analysts. Mpowerplayer brings the "iTunes" approach to mobile game merchandising, and customers include Sprint-Nextel and Electronic Arts.
The company is post-revenue, cash-flow positive, and seeks $2MM in equity financing to accelerate direct sales, expand customer support, and enhance core application technology and services.
Contact: Michael Powers, Founder & CEO, 703-880-6556x102, michael@mpowerplayer.com, www.mpowerplayer.com
Vecter’s Ezfon service unleashes the power of cellphones to buy and sell anywhere. EZfon is a patent pending mobile point of sale service enabling cellphones to be secure terminals for pay per use transactions. Businesses can use EZfon as a credit card machine while saving up to 40% of the cost of traditional swiping methods. Individuals can avoid wait times using their cell phones to order and pay for food or items in advance. There is no charge to consumers for them to use EZfon.
Vecter has negotiated a BETA trial with the Patriot Center at George Mason University, and is seeking $500K in angel funding to support BETA trials
Contact: George Kim, President, 703-400-8300, george.kim@vectersolutions.com, www.ezfon.com
Spotlight Table: BuddyCast, Inc.
Contact: Marcel McNicoll, President & Founder, 301-650-2248, marcel@buddy-cast.com, www.buddy-cast.com
Spotlight Table: LightGlove
Contact: M.G. Howard, Founder & CTO, 703-754-3032, mghoward@lightglove.com, www.lightglove.com
June 12, 2007 Business Alliance Grubstake Breakfast Presenters
Globecom21 Corporation is uniquely positioned as the only developer of a comprehensive, flexible, easy to deploy, seamless information software solution for enterprise risk and crisis management. The firm’s Enterprise Resiliency Solution (“ERS™”) is a risk diagnostic tool and expert system which uses a protocol based event notification and incident management system for crisis prevention, response and recovery--all conducted from a collaborative command and control center. The ERS™ expert system provides risk and emergency managers the knowledge they need to make decisions and to execute actionable tasks to manage risk and crisis in the most efficient manner. It provides the intelligence behind the notification system, and can accept and incorporate feedback from its audience for dynamic updating of the risk management action plan.
The ERS™ platform identifies, categorizes, assesses and monitors risk, and then, incorporating best practices, recommends and coordinates event responses remotely. The system can be used as a crisis prevention management tool, systematically managing the execution of mitigation measures based on an optimized list of priorities. It also can be used to provide an automated response plan with a virtual command and control dash-board, automatically pushed to first-responders and emergency executives for efficient and quick management of an emergency incident remotely. Enhanced by an e-learning and a procurement module, the platform can match industry, customer-specific or sector-specific behavior recommendations to critical events. At the time of an emergency incident, the system also is capable of automatically inviting and sharing the command and control dash-board viewed by the enterprise emergency executives with pre-authorized municipal agencies for a better coordinated public/private partnership response to the incident. Globecom21 is seeking $1.7 million in equity to invest in commercial market development and version2 completion. Investors’ return will occur at the time of a liquidity event, either a sale, recapitalization, or public offering, most likely an acquisition.
Contact: Mady Jalinous, CEO, 202-271-3090, jalinous@GlobeCom21.com
Idalis Software has developed a patent pending solution to the ever growing spam control problem. Idalis' unique advantage is its software’s ability to track sending source IP addresses and to stop spam before it's sent to customers. Idalis’ performance metrics are thus far exceeding industry market leaders and have remained consistent through beta testing. Idalis’ product offering is a Windows software based solution for small and medium clients and a separate reputation database service (IP address blocking) for customers of any size, including those using a competitor product. The licensing model is per user (email account)/per year as a service with tiered pricing based on customer size. Idalis is seeking a qualified financing in excess of $1.0 million for a planned final code release of both services in late summer 2007. Idalis already is establishing a client base with this new and revolutionary solution.
Contact: Tom Caldwell, CEO, 240-593-9257, tom@idalissoftware.com
RemeGenix, Inc (RGX) is a biotechnology company specializing in the development and commercialization of therapies for neurodegenerative diseases. Specifically, RGX is focused on the commercialization of technologies with well validated scientific data for the treatment of Alzheimer's disease, dementia and traumatic brain injury.
Unlike most other competitive products in development, RGX's lead technology does not interfere with other important biological pathways, and is focused on the cause of the disease versus treating the symptoms. RGX has completed nearly all of the pre-clinical studies required for its lead product for traumatic brain injury and is seeking up to $1.5 million to bring the company into a Phase I clinical trial and to accelerate the development of its second pipeline.
Contact: J. Kelly Ganjei, CEO and President, 301-332-0123, kganjei@remegenix.com
The Learning Accelerator (TLA) addresses the decline in writing skills among students and professionals by providing the only writing and assignment management products that are comprehensive, easy-to-use, web-based, and interactive. TLA products guide writers through the steps and thought processes necessary to produce high quality written products. They enable users to create clear and logical written assignments with reduced difficulty and anxiety; to store, organize and integrate text and graphic information from all sources; to develop critical thinking and writing skills; and to manage an unlimited number of projects.
TLA’s first product—the Writing Wiz for Students--includes preparation for the SAT’s essay and essays for college admission applications. Future products will address the writing needs of professionals such as lawyers, business consultants, scientists and engineers. TLA is seeking $1.5 million to be used for updating the user interface, content development, salaries, and marketing.
Contact: Richard Sun, Chairman and Interim CFO , 703-937-3928, RSun@TheLearningAccelerator.com
WorthPoint, a multi-media data and entertainment company founded in January 2007, is the first Web 2.0 site for collectors and collectibles. WorthPoint will greatly simplify the way people find and share information about art, antiques and collectibles they own or are considering buying. WorthPoint also is for anyone who owns something he/she believes may have value or be collectible. WorthPoint will help find its true worth! The value can be determined by using the company’s blog the Worthopedia of world-wide proprietary bid and ask values, or by asking one of the company’s Worthologists. WorthPoint will also have a virtual vault where images may be stored and values updated. These products are organized using proprietary taxonomy, which is the most detailed catalogue in the Industry. The taxonomy’s detail results in collectors, professionals and everyday owners to quickly find the exact item being sought.
WorthPoint has a seasoned management team, a strong group of investors and a CEO who has made investors billions of dollars in other technology companies. WorthPoint has raised $800,000 from the founder and four other well-known technology investors. WorthPoint seeks additional funding of $2 million to accelerate the populating of the data base and the building of the brand. The market WorthPoint is addressing is enormous, worldwide, fragmented and in need of the company’s technology.
Contact: William Seippel, CEO, 404-931-7913,
email: will@worthpoint.com
website: www.worthpoint.com
Spotlight Table
IO Innovations, LLC is launching MileFile™, a patent-pending device that tracks mileage for tax or reimbursement purposes using audio and GPS technology. MileFile™ is the only mileage recording device that meets the IRS criteria for business deductions. MileFile™ can be adapted for use on cell phones and PDAs with GPS capability. IO Innovations is seeking $550,000 to take the design to market-readiness, and for focused SG&A.
Contact: Daniel Chambers, Founder and President, 434-542-0525, dc@ioinno.com
March 23, 2007 Business Alliance Grubstake Breakfast Presenters
Invequity connects the people behind technology. The companies offers a proprietary patent search and connection portal to foster Open Innovation. Patent searching is a fundamental activity for the 3+ million people behind technology and product development and our free feature rich patent search site (www.patentmonkey.com) provides the nexus for connections. Invequity’s technology enables direct connections of technology holders with potential licensees and innovators with service providers.
Serving a clientele base including members of the Fortune 500, Invequity’s offerings have been pilot tested and launched into the market using capital efficient methods. Invequity reaches its audience through search engine optimization of its 4 million web pages and grass roots marketing efforts. Users of PatentMonkey.com save 30% or more time in performing their regular search activities.
In order to keep pace with the demand for services, Invequity is seeking $1.5 million to accelerate sales activities and grow the company’s sales and IT team. Contact: Paul Ratcliffe, 703-608-8089, pratcliffe@invequity.comNewsworthy, Inc. is the leader in automatically converting publisher’s full-length newspaper and web stories to high-quality audio.
Newspaper circulation and readership continue to decline precipitously. Newspapers must find new sources of revenue that leverage their investment in content and simultaneously attract new consumers. Newsworthy is a solution! Publishers post these audio stories on their websites and in podcasts Newsworthy creates. Newsworthy attaches banner and audio advertisements to the stories and shares this new advertising revenue with the publisher.
Newsworthy has over two dozen newspapers using their services today. Newsworthy also produces NewsworthyAudio, the world’s first Personal Audio Newspaper. NewsworthyAudio users receive Personalized Podcasts of full length news stories for up to ten different categories of news, aggregated and filtered from multiple publishers.
Newsworthy is raising $600K to $1M for sales staff, product development, and general operations. Contact: Marcus Heth, 703-272-8163, marcus.heth@newsworthy.com
Scorelogix, LLC is an innovative financial technology company that develops and markets cutting edge decision tools, metrics and analytics for consumer credit risk management. Scorelogix is a pioneer in income risk scoring and the inventor of the world’s first Job Security Score which predicts consumers’ income risk and creditworthiness based on their personal profiles and economic factors impacting their jobs.
Patent-pending Job Security Score gives lenders a better picture of consumers’ true credit risk and offers a new way to differentiate and segment prospects and consumers. Job Security Score helps credit card companies, auto financing companies, mortgage lending companies, insurance providers and marketing companies; acquire, retain and manage customers more profitably by predicting consumers’ ability-to-pay risk, which is a critical component of consumers’ overall credit risk.
Scorelogix is currently seeking $2M in funding for investing in marketing, testing, product enhancement and technology infrastructure.
Contact:
Suresh Annappindi, President & CEO
Tel: 302-328-1210
Email: suresh@scorelogix.com
Website: www.scorelogix.com
WebSolve, Inc. develops and markets IP service assurance systems for web and VoIP application performance and compliance management to service providers and enterprises.
The business opportunity is driven by three mega trends: 1) the convergence of data, voice, and video over IP Networks; 2) the deployment of web based applications and services to support internal and customer facing operations; and 3) government regulations regarding web based content.
WebSolve believes there are profitable opportunities for software solutions that enable service providers and enterprises to a) assure services and applications are available; b) verify the services and applications are performing to specification and the content is accurate; and c) guarantee that web site content is compliant with government regulations and service agreements.
WebSolve is seeking $2,000,000 in equity capital to be used primarily to develop a marketing and sales organization and a hosted software service operation.
Contact: Gregory Langford, 240-401-3150, glangford@websolve.com
October 25 , 2006 Business Alliance Grubstake Breakfast Presenters
MADCAD’s goal is to organize building codes, standards and regulations in the construction industry.Compliance to building codes, standards and regulations is a must for every business practice in the construction industry. Yet, there is no resource - in the $1.1 trillion construction market - that collects and interconnects this vast amount of information, causing loss in productivity and maximizing risk of non-compliance.
The firm has developed the first and only online resource where this copyrighted information is collected from all major content providers. The content is processed, integrated and interlinked to provide a searchable online database, allowing customers to efficiently search, analyze and integrate information into their workflows.
MADCAD also has developed patented software, The Building Matrix, to integrate building codes, standards and regulations that
MADCAD currently provides with building products, test-results and specifications, providing knowledge based design solutions.
MADCAD is seeking $2 million in investment capital for use in marketing and sales, and for commercializing The Building Matrix software.
Contact: Arda Bascinar, Associate; 301-770-8595 ext. 205; abascinar@madcad.com
Orchid Suites is an emerging leader in providing user friendly web site creation and management, distributed publishing, franchise management and portal communications software for professional service firms and end users. Orchid is a turnkey, mass configurable, software as a service that can be deployed rapidly with little overhead cost. Its 170 features range from e-commerce and e-learning to CRM and convention management tools. Orchid’s value proposition enables professional service firms, franchises, SMEs, and associations to have additional revenue streams and provide more inclusive services to their clients. For end users, the software allows for ultimate control over the publishing and management of time sensitive content while eliminating reliance on third party developers and vendors. Orchid Suites' diversified sales approach includes partnerships with professional service firms who deploy the solution to end users, direct sales operations, and self-serve customers. Orchid Suites seeks to raise $500,000.00 for the hire of essential sales and training personnel.
Contact: Tanya Renne, Co-Founder and CEO; 202-265-1671; tanya@orchidsuites.net
SPADAC is the premier provider of relevant and actionable information to the owners of the world’s most critical decisions. Customers rely on SPADAC’s predictive analysis products and services, many developed and proven under federal R&D grants, to make better decisions faster, leveraging patented technologies, computerized visualization services and domain expertise. Using SPADAC's expertise and technology, the DoD and DHS have been able to predict the location of potential events and to allocate resources to help prevent their occurrence, thereby saving lives or preventing illegal activities.
SPADAC’s solutions range from risk assessment and resource allocation to opportunity identification and discovery, techniques that can be applied beyond its traditional customer base (i.e. expanding its solutions with gov’t. customers outside of DoD and DHS). Additionally, SPADAC is expanding into commercial markets by applying its methodologies for geospatial predictive analysis and business intelligence to projects in the oil exploration and the customer analytics industries.
In order to satisfy unmet demand from the company’s current and future clients, SPADAC is seeking $2 million in equity investment to support product development around core technologies and commercial market expansion.
Contact: Mark Dumas, Chairman and CEO; 703-740-3955; mark.dumas@spadac.com
TradingBell Inc. provides Product Catalog Solutions for manufacturers, wholesalers and distributors to automate the creation and publishing of commercial Business-to-Business (B2B) product catalogs. TradingBell Solutions are exclusively focused on solving and simplifying the catalog management process for companies. Specifically, TradingBell products assist customers to create and manage all product content in a central repository and publish catalogs to Print, PDF, CD-ROM and Web media. Using an off-shore services model, TradingBell helps customers in rapidly moving to an efficient content management and publishing process. TradingBell, has a current base of about 30 customers across U.S. and Canada, actively using TradingBell products and services, a reliable sales pipeline and a strong management and operations team that has proven experience. The company is poised for rapid growth with a significant potential for establishing market leadership over the next five years. TradingBell is seeking $1.5M to expand sales and marketing, invest in R&D/infrastructure, pay for operations, current liabilities and expenses expenses through December 2007.
Contact: Hari Ramamurthy, President and CEO; 703-752-6100; harir@tradingbell.com
Velaro is an Application Service Provider (ASP) that allows businesses to add live help and real time customer service to their website. This service offers three main features: real time website visitor monitoring, web based chat, and integrated survey management. The company has 350 customers who use this service to improve customer relations, increase online sales, and service their clients at the exact time they are looking for help.
Velaro currently is seeking $150,000-$250,000 is capital to accelerate the firm’s 2007 growth by expanding the current 2007 marketing budget, hiring additional sales and development resources.
Contact: Jasen Fici, CEO; 800-983-5276; jasen@velaro.com
Spotlight Table: Neuronascent, Inc.
Neuronascent, Inc. is developing small molecule therapeutics for Alzheimer’s disease, stroke and depression. Neuronascent’s development platform utilizes a “neurogenesis” screen to identify agents that stimulate the proliferation of human neural stem cells into mature neurons. The company believes this ability to promote neurogenesis in the human brain, could have significant benefit for patients having any of a number of neurological disorders. Neuronascent has identified four families of novel neurogenic agents from the screens and has determined that they are safe in a rodent toxicity model. Neuronascent has submitted two provisional patents and one PCT application on these lead structural families. The next phase of our therapeutic development program will be to test the lead compounds in animal behavioral models of Alzheimer’s disease, and depression. With efficacy in animal disease models, Neuronascent should be able to attract pharmaceutical partners for the co-development of these lead candidates. Neuronascent is seeking $500,000.00 in funding to further develop one lead candidate family for Alzheimer’s disease and another lead family for depression.These funds would allow Neuronascent to move quickly into animal models of disease and into preclinical testing, will offset operational expenses, allow one to two technical hires, and cover further IP charges.
Contact: Judith Kelleher-Andersson, Ph.D., President and CSO; 240-876-7496; jkelleher@neuronascent.com
June 15 , 2006 Business Alliance Grubstake Breakfast Presenters
Enterprise Elements, Inc. is a software product company producing a massively scaleable, feature rich data management system, and products built upon this platform. The core product capitalizes on the popular Oracle database to facilitate the accelerated construction of complex online systems and provide important features not found in the Oracle product alone. The Elements Repository solves enterprise-scale data storage, data analysis and data management problems for large corporate and government clients, enabling the collaborative management of information with a degree of security, control and scalability not possible with competing products. Application specific configurations of the core product address a wide range of data-rich market needs. Enterprise Elements, Inc. has sold the repository product to several high-profile Federal government customers, and is now seeking $1.5 million to support expansion within the Federal market, marketing rollout to commercial customers, VARs and vertical product partners, and additional feature development.
Contact: Marco Temaner, CEO; 202-558-8789;
marco@enterprise-elements.com
iNeoMarketing™ is an on-demand, hosted software application company in Herndon, VA, focused on significantly increasing sales leads and reducing the sales cycle for B2B companies. PluraPage™, the firm’s initial product, is a hosted application that allows the non-technical user to quickly build and launch customized, personalized web pages, commonly called landing pages, which play an integral role in marketing. A landing page that matches marketing campaigns (direct mail, email, Google® search ads, online marketing, etc.) will result in a higher number of leads, and PluraPage gives the marketer the ability to quickly create and launch these matching landing pages. As a result, the B2B marketer will benefit from higher conversion rates, as well as the instant data integration directly from PluraPage into a CRM or any other database system, including salesforce.com®, thus dramatically shortening the time it takes to give a lead to a salesperson. PluraPage is the only application of its kind which is fully integrated with and certified by salesforce.com’s AppExchange. iNeoMarketing is seeking $1-2MM for continued market expansion, to develop PluraPage 2.0 and to take full advantage of the salesforce.com partnership.
Contact: Paul Economon, Esq., COO; 703-453-9120; paul@ineomarketing.com
Security Knowledge Solutions LLC, an e-solutions company specializing in the multi-billion dollar Homeland Security market, provides eLearning, ‘hands-on’ simulation and knowledge management services to increase the effectiveness and efficiency of security checkpoint personnel. The company has released its first product: iScreen, a simulation system which introduces security personnel to the image interpretation techniques used while operating x-ray machines. This patent pending technology provides insight through real life simulations into the identification of prohibited items such as guns, knives, improvised explosive devices (IEDs) and other dangerous items. SKS current customers include the US Army, Customs and Borders Protection, and inspection equipment manufacturers: Astrophysics and Rapiscan Systems. SKS is currently seeking a minimum investment of $1M to further capitalize on and grow our existing pipeline of $1.2M by expanding its sales team, as well as, additional product development.
Contact: Greg Goodrich, CTO; 202-413-8993; ggoodrich@sksco.com
South49 Solutions develops and markets proprietary task force management and data collection software for industries with widely distributed workforces. The company’s solution generates recurring revenue through transaction and access fees charged on a monthly basis and is applicable to any industry where critical tasks need to be remotely managed. South49’s task force management solution currently being is used by thousands of users in the retail merchandising industry, providing major consumer goods manufacturers with retail store project support. A principle challenge in this industry is managing the critical elements of projects, people and places while working with a decidedly low-tech workforce scattered across the country. These issues are solved with a fully integrated self managed solution, empowering managers and workers, while improving results. The company’s solution delivers 70% savings over current project administration costs, improves on-time task completion, increases sales and provides greater functionality than competitive products. South49 Solutions is seeking $1.5 million to accelerate sales and marketing efforts, continue technical development and provide operating capital.
| Contact: Stefan Midford, President; 800-581-2141; smidford@south49.com |
XTS products bring business intelligence concepts to the datacenter. The company offers turn key systems management reporting and analysis products for virtualization and access infrastructure platforms. XTS fills a gap left open by more complex enterprise management suites by leveraging business intelligence to provide a straight forward method to deliver unique perspectives on critical systems metrics for planning and enterprise management, compliance, security audits, and IT governance. XTS is seeking to raise approximately $1M for sales, marketing, and customer support and to expand product capabilities across the entire Citrix Access Suite.
| Contact: Eric Spiegel., CEO; 888.243.4492 X703; espiegel@xtsinc.com |
Honorable Mention—Display Table Awardee
StreamerNet is focused on the development of intellectual property and the creation and sale of user-friendly, personalized, click-and-stream technologies and enterprise-class managed services that let users rapidly create, capture and distribute “on demand” or “real-time” audio and video across the Internet for single-viewer or global participation. Though optimized for mobile wireless applications, the StreamerNet solution works equally well in any fixed location. The StreamerNet technologies enable the user to connect any video camera to a Windows XP computer, link up to any available Internet connection and transmit real-time audio and video from the point-of-action directly to the global Internet for immediate access by remote associates. The company has conducted field tests and pilots with FOX News, MTV, and a growing community of video professionals, has completed deployments with Hearst Argyle broadcasting, the NYPD, and The Weather Channel, and also has closed initial contracts with Stargate Mobile/Ford Motor Company and the PostNewsweek TechMedia publishing group. StreamerNet has secured more than $1.35 million in early-stage capital which has been used for IP management, research and development. The company currently is seeking $2M to be used for growth strategies and securing profitable revenue.
| Contact: Bill Hornbeck., CEO; 703-777-6840; bhornbeck@streamernet.com |
March 23, 2006 Business Alliance Grubstake Breakfast Presenters
Dumbfind goes above and beyond traditional search engines by acting as a guide in the query refinement process. When you can't find what you are looking for, Dumbfind will present suggestions for which direction to turn. These suggestions are simple and visually intuitive. Dumbfind uses proprietary technology to assign tags to content and links which can then be queried in ways previously unavailable to search engines. This gives the
ability for users to produce results that are very specific to their desired topic. Since Dumbfind knows more about its content it also has greater ability to serve highly targeted advertising. In the near future, Dumbfind will evolve into a community where users can submit, tag, and share content. Dumbfind is seeking $2M in venture capital for development of its core product and then will seek additional funding to continue development, build out the management team, and purchase hardware to sustain growth.
Chris Seline, CEO – Dumbfind, Inc.; 202-903-2413; chris@dumbfind.com
HotPads.com is a map-based housing search engine. Our proprietary mapping application allows users to search using real estate’s most important attribute: location. Since its November 2005 launch, HotPads.com has positioned itself as technological leader in real estate listing for the residential rental market. HotPads makes finding the right property easier by displaying listings on its dynamic mapping application and enabling users to narrow down results through a first-of-its-kind property criteria filtering tool. HotPads makes listing acquisition more efficient by forming strategic partnerships to automate listing data exchange and be enabling individuals to easily create their own listing directory on the site. HotPads is seeking to raise $500,000 to fund further development of search functionality, integrate with more software packages, add billable features, and fund seed marketing expenses.
Douglas Pope, Director of Operations – HotPads.com; 202-232-1581; dpope@hotpads.com
Message Level brings safety and reliability to email. Message Level is the only email authentication solution that prevents impersonation of legitimate email addresses through a process that requires no action by end users – making it ideal for large volume email senders. By restoring trust in email and providing key features like certified delivery to enterprise customers, Message Level enables its users to shift to paperless communication without compromising security. Enterprises can now achieve the tremendous cost savings and efficiencies made possible by email. Message Level’s target customers include financial services, consumer product and other enterprises who are large volume email senders, particularly those who communicate sensitive account or financial information. We have completed a successful trial with one Fortune 100 company and are planning a trial with a second. Message Level is seeking $2 million to accelerate sales, marketing and partnership efforts.
Michael McGowan, CEO – Message Level; 703-981-4718; michael.mcgowan@messagelevel.com
nexVortex is a provider of business grade telecommunications services based on VoIP technology. We offer an IP based alternative for connecting business customers to the global PSTN. nexVortex is uniquely positioned to capture a significant share of this market as businesses continue to choose IP PBX technology over traditional TDM. Our solution is deployed and carrying revenue traffic. Our vision is to provide fully integrated wireline/wireless voice, messaging and web services to businesses enabling seamless collaboration. Our proprietary software allows us to provide a business level quality of service over the low cost internet infrastructure. Businesses benefit from both the cost savings and the feature enhancements we offer. We partner with IP PBX vendors and sell through their reseller and integrator networks. Our customer base, service usage and revenues are growing strongly. We seek investment of $2M that will allow us to build initial channel sales, marketing and support infrastructure and roll out new services and increase the service capacity needed to drive our revenue projections.
Fred Fromm, President and CEO – nexVortex, Inc.; 703-579-0204; fred@nexvortex.com
SubMachine, Corp. is a developer of proprietary miniature pumps and compressors that have the potential to disrupt large existing markets and enable the creation of others. SubMachine’s Reaction-Drive technology eliminates the expensive electric motors which comprise 90% of competitor’s product cost. The technology enables SubMachine to provide 10X more performance than competing products at 10X lower price points. Target markets include micro fuel cells for battery replacement in laptops, PDAs and other convergent devices; electronics cooling in PCs and servers; ambulatory medical devices and new consumer products. Customers and pump manufacturers have confirmed the lack of miniature pump and compressor solutions that can meet the new requirements of these products. The total market size for SubMachine’s products exceeds $20B in miniature pump and compressor sales. SubMachine is seeking $2M to support commercialization of its first product. Subsequently, another $2 million will be raised to increase product development capacity.
Tim Lucas, Founder and CEO - SubMachine, Corp.; 804-557-3076; timlucas@submachinecorp.com
Previous Breakfast Presenters
June 9, 2005
March 9, 2005
October 21, 2004
June 15, 2004
March 25, 2004
November 20, 2003
September 10, 2003
June 5, 2003
February 20, 2003
October 30, 2002
July 25, 2002
April 25, 2002
January 24, 2002
October 23, 2001
July 26, 2001
April 26, 2001
January 25, 2001
October 25, 2000
July 20, 2000
April 12, 2000
January 27, 2000
October 21, 1999
July 22, 1999
October 20, 2005 Business Alliance Grubstake Breakfast Presenters
ADF Solutions, Inc. is a developer of software solutions designed to address the issue of the growing backlog of digital evidence facing agencies today. None of the software currently available through other companies provides the technology to automatically identify known suspect data files. With the amount of digital data in this area increasing exponentially, the need to automatically identify suspect files is becoming critical. ADF Solutions, Inc. will provide its unique SearchPak™ technology to allow agencies to create, manage and share suspect file information. ADF icurrently is working with two agencies to test and deploy this technology. The solutions will be targeted initially to federal agencies with the goal of establishing the SearchPak™ technology as the federal standard. The solutions then will be targeted to ISP 's and eventually corporations to automatically detect illegal activity on email servers and network traffic.
ADF Solutions plans to be a vertical solutions provider for digital forensics, and this will include bidding as a federal contractor to developing custom solutions. ADF also iscurrently filing patents for its technologies and methodologies, and is seeking $250,000 - $500,000 equity investment and/or convertible notes to be used primarily to hire researchers in the field of image/video analysis as well as the software engineers to develop the solutions. ADF Solutions expects revenues from initial client sales and federal contracts to provide additional operational capital for founder salaries, operational expenses, legal expenses etc.
Contact: J.J. Wallia, President – Advanced Digital Forensic Solutions, Inc.
(202) 572-8272; wallia@adfsolutions.com
Cident delivers foreign language TVtelevision programming to ethnic American homes using excess over the air bandwidth from digital TV stations. The companies proprietary delivery methods allow it to offer multiple channels of premium subscription based programming to homes that are currently underserved by cable and satellite. Cident has successfully signed six programmers (with exclusivity on key content) for its Korean service and is broadcasting from a Washington DC TV station.
The company is two years old and led by an executive management team with deep media, distribution, and startup experience. Cident is offering $1M in convertible notes with warrant incentives to bridge it through completion of its upcoming Series A equity round. Chesapeake Emerging Opportunities fund, a local Angel group, is acting as lead investor. The funds will be used for general operations related to preparation for commercial launch and expansion of its service to San Francisco and L.A.
Contact: AJ Fraser, President/ CEO – Cident Entertainment, Inc.
(703) 243-1803; ajfrazer@cidententertainment.com
Endeavor Security is a software development company focused on securing our nation's critical infrastructure. The company's breakthrough technology can identify and fingerprint new threats and offers an immediate solution that can be deployed to secure a network using an approach similar to anti virus for the pc. Endeavour Security's self-defending FirstLight product suite can auto generate signature updates in milliseconds, test them and deploy them to standard firewalls and IPS devices. The company's target markets include government agencies, financials, telcos and energy/utilities. These critical infrastructure organizations understand their security needs and have articulated their requirements in both procurements and industry guidelines.
Endeavour Security is offering its products through Managed Service Providers (MSPs), Systems Integrators and OEMs. The customer experience is simple and powerful. The firm's recipe for success is next generation technology combined with superior delivery through a web portal, by a solid trusted organization. Customers can reduce their in-house security analysis and gain access to immediate solutions. Endeavor Security is seeking $2 million in funding for sales and marketing development along with customer support infrastructure.
Contact: Barnaby Page, Senior Vice President – Endeavor Security, Inc.
(703) 286-5820; bpage@endeavorsystems.com
InvisiTrack has developed proprietary RF-based technology that is much less expensive to implement than RFID or GPS solutions and can solve problems much better than the available solutions. An enormous amount of time and money - even lives - could be saved if it were possible to easily and inexpensively track people and mobile objects . InvisiTrack has developed sophisticated algorithms and software to track groups of people and objects with simple, low-cost handheld, mobile devices. The company's devices require no fixed infrastructure and use simple VHF electronics that give them significantly better range and accuracy than existing tracking systems.
InvisTrack's initial focus is on public safety and security markets where there is significant demand, available funding for development and no adequate products exist. Later, the company will address larger commercial, industrial and consumer markets. InvisiTrack is seeking $500,000 to complete the development of the prototype and to deploy initial products to selected customers.
Contact: Russ Markhovsky, Founder/President – Invisitrack, Inc.
(410) 991-8529; rmark@invisitrack.com
Talicyn, Inc. is a developer and manufacturer of Software Defined Radio control systems, middle-ware, cognitive-systems, and Smart Antenna Technology which allow the configuration of commercial base stations supporting the spectra of radio communications from VHF to Cellular and ADS. In a Talicyn empowered world, a wireless base station can support communications between First Responders (Fire Police/Rescue), differing PCS cellular phones (GSM/CDMA/TDMA/IDEN), and in an emergency – Federal responders and the Military on the same hardware platform.
Talicyn systems perform the normal functions associated with a radio base station, and allow different radio types to interoperate. As such, a policeman operating on 900 MHz could communicate directly with a cell phone user on 1900 MHz - or with a rescue worker in a Coast Guard helicopter. Further, data services may be integrated, even if they are on different parts of the spectrum. Talicyn, makes Radio operate like the Internet. Talicyn is seeking $1.5 -2.0 Million in funding to be utilized principally to file for Patents, to continue to fund joint development of the Smart Antenna System with Georgia Tech and the Trans-Encryption system with Vistauxx, and to round out the company's team by hiring a CFO and additional developers.
Contact: Harold (Skip) Lawson, Principal – Talicyn, Inc.
(301) 498-8000; lawson@talicyn.com
June 9, 2005 Century Club Grubstake Breakfast Program® Presenters
Video Search Technology (VST) is a developer of multi-media video processing software products, professional services and application services. These products and services are based on the company's proprietary searchable video platform and are designed for the worldwide market of corporations, media and entertainment companies, government agencies, and educational institutions that produce video content. VST's business model is to market and sell its proven proprietary video search platform to a rapidly expanding marketplace that is demanding a well priced, easily integrated solution for its video search needs. VST's flexible platform can be easily integrated into any size organization and is scalable to accommodate millions of users. VST is seeking $600,000 in equity financing for production, market entry and personnel.
Contact: Keith Carney, President/CEO — Video Search Technologies: 202-393-7300; kcarney@fednet.net
String Bean Software, Inc. has developed WinTarget™--a scalable, full-featured, hardware independent, software-based iSCSI Storage Area Networking (SAN) solution--designed, built, and optimized for the Microsoft computing environment. Deploying the WinTarget™ easy-to-use SAN solution, enables organizations of any size to cost-effectively meet critical business requirements while reducing operational costs, meeting regulatory requirements, and the need for improved disaster recovery/business continuity solutions. String Bean Software seeking $750,000-$1M in early-stage funding to support product marketing and worldwide channel expansion, the implementation of infrastructure to support a growing revenue/customer base, and continued product development/enhancement.
Contact: Mickey McIntire, CEO — String Bean Software, Inc.: 301-977-7800 ext 17; mmcintire@stringbeansoftware.com
Jebra Technologies is a health sciences company with patents on tissue preservation and neuroprotection against reperfusion injury and nerve gas. (Reperfusion is the restoration of blood flow to an organ or tissue that has had its blood supply cut off, as after a heart attack.) The company's Vitaegen™ product extends the shelf life of corneas for transplantation from 5 to 35 days, doubling the eye bank market and enabling exports to lucrative overseas markets. Vitaegen™ will be marketed to eye banks within one year and will produce positive cash flow within 18 months. Satnam™ addresses reperfusion injury that occurs in newer FDA approved stroke and heart attack treatments, and also injury from nerve gas. Satnam TM has had peer review approval by the US army and a research grant is pending. Satnam™ addresses markets exceeding $700 million, with more than 1,800,000 patients. Jebra Technologies is seeking $2 million to develop and market the Vitaegen™ line of products.
Contact: Harpal Mangat MD, CEO — Jebra Technologies: 301-461-7599; mangat@jebra.net
Visure is currently raising up to $800K for its Pre-Series A funding stage. Proceeds will be used to finalize quality assurance testing, secure required hardware, enhance search engine optimization programming, conduct focus groups and implement revisions, launch pilot program, and continue business development.
Bent Systems, Inc.— is a RFID software solutions developer marketing technology for Enterprise and Supply Chain Applications including a horizontal platform for RFID technology integration across industries, and a vertical supply chain application for retailers, distributors, and suppliers.
Based upon the founder's experience in managing the "Supply Chain Solution of the Year" (Deloitte 2003), Bent Systems' first products are a horizontal platform for RFID technology integration across industries, and a vertical Supply Chain application for Retailers, Distributors, and Suppliers. This segment represents over 50,000 organizations in a market growing from approx. $500M in 2004 to over $8 B in 2008 according to analysts.
The company's products are unique in providing comprehensive packaged software solutions, based on a business process modeling discipline to mid-large sized customers. This approach allows organizations to achieve process improvements leading to real savings and competitive advantages in service or product delivery. As a product focused company, the company strategy includes a strong partnership and channel strategy in addition to its direct sales efforts.
Bent Systems is seeking $1 million for product development, marketing, sales and recruiting.
Contact: Sylvanus Bent, CEO — Bent Systems, Inc.: 703-636-4444; sbent@bentsystems.com
Blue Ridge Games,® Inc.—(BRG) is a publisher of multiplayer games for mobile phones and other platforms which has developed technology enabling real-time multi-user interaction over a high latency network already in use by subscribers of Verizon Wireless and other companies.
BRG filed a patent for its unique solution, developed the core software, and designed three applications using the technology. Momentum™, the debut game, received critical acclaim and awards, and rave reviews from Verizon Wireless, Midwest Wireless, and Alltel subscribers paying $2.99/month to play. According to ARC Group, less than ¼ of mobile phones could download games in 2003, but 97% will be able in 2008, growing mobile games business from $1.1B to $8.4B. While most current mobile games are solitary experiences, BRG incorporates communication, competition, cooperation, and community into its games.
Blue Ridge Games,® Inc. is seeking $1-2 M in funding to produce two other titles based on the initial technology, develop a second technology to enable asynchronous play and viral marketing, and expand distribution.
Contact : Allen Eichler, President — Blue Ridge Games,® Inc.: 540-882-4969; ae@blueridgegames.com
iRCA, Inc.— is a developer of an innovative patent-pending, universal information display system that facilitates decision-making by working in conjunction with existing databases to distill the database information in a way that makes accurate, quick decisions in a variety of day-to-day applications possible. Its product, K-bar®, sits atop databases and quickly make sense of the information in them. Designed for lay people, K-bar applies to any industry where making accurate decisions quickly matters.
The first application, now in the early revenue stage, is Real Estate K-bar. Using public and MLS data, this Internet-based application produces unique solutions to problems plaguing a hyper-competitive, multi-billion dollar industry. Within seconds, K-bar displays relevant, objective profiles of any neighborhood and any home's relative standing in it. Consequently, K-bar makes CMA (the only other home-price estimation tool) obsolete. Because K-bar is more accurate, more stable, and 50 times faster! Targeted for this application are Realtors, mortgage brokers, lenders, and others who are vying to share $200 billion/year in commissions. Finance K-bar, Education K-bar, and international expansion are next.
iRCA seeks $2,000,000 for marketing, sales and the development of additional products.
Contact: Bahram Khozai, CEO — iRCA, Inc.: 703-608-5460; Bahram@iRCA.us.com
New Hope Pharmaceuticals, Inc.— is a developer of patented technology which provides more effective therapy options and improves outcomes for cancer patients by quickly determining--pre-treatment--the selection and optimum dosage of chemotherapy drugs, and also accelerates drug discovery by providing a fast, accurate methodology for drug efficacy appraisal in vitro.
The company was founded to commercialize a novel, personalized drug response platform for cancer patients. By quickly determining, pre-treatment, the selection and optimum dosage of chemotherapy drugs to which a patient is likely to respond, the Company's proprietary, patented technology is designed to provide more effective therapy options and improve outcomes. Currently a trial and error method is used to select these often very toxic drugs. For patients whose cancers do not respond to standard therapies, New Hope can test nonstandard (even experimental) therapies and "cocktails" of drugs. The technology platform will also accelerate drug discovery by providing a fast, accurate methodology for drug efficacy appraisal in vitro; it can test not only live cancer cells, but any live cell against any agent.
New Hope's technology has been well developed, validated in several settings, used for drug development by Eli Lilly and others, published in two major journals, and requested by patients desperate for help. What remains is a formal validation trial to gain broad market acceptance and commercialization.
New Hope is seeking 1.7 million in equity plus grants at the present time, and plans to seek an additional 3.5 million in equity and grants in 2006. The company will use these funds for R&D (including formal validation trials), G&A, and marketing.
Contact : Linda Taylor, CEO — New Hope Pharmaceuticals, Inc.: 301-527-1558; LrTaylorCFA@aol.com
The Bill Police, LLC — is a wireless bill auditing firm which uses a patent pending service method with proprietary software to create a model for plan optimization and then audit the bills on a monthly basis by comparing to this baseline thereby substantially reducing the customer's cell phone service bills.
The company helps businesses manage their wireless (cellular) bills by providing effective use of wireless technology with the lowest cost for a customer's subscribers (phone numbers). The company has been shown to consistently and substantially save the customer money by reducing the customer's cell phone service bills.
Businesses are overpaying their wireless bills by an average of 25% every month. This is an opportunity to reclaim over $25 billion in savings every year; or, left alone, to allow $2 billion per month of waste. This waste is where The Bill Police makes its impact; it uses a patent pending service method with proprietary software in 2 steps: (i) Baseline: Create a model for plan optimization: right plan, right minutes, right coverage, right price. (ii) Audit the bills on a monthly basis by comparing to this baseline.
This includes:
· Simplify and customize the bill
· Identify and correct billing exceptions to the baseline
· Suggest alternative rate plans for wireless carriers
· Identify historical trending and identify alternative services
The Bill Police is seeking up to $2 million in funding to expand its proven business model with marketing and sales rollouts, together with operating capital to support its expansion into regional/national service models.
Contact : Kae Zulager, CEO — The Bill Police, LLC: 804-422-1560; kae@billpolice.com
Honorable Mention—Display Table Awardee
PartnerMD, LLC
PartnerMD is redefining health care by offering patient members access to levels of service and personal attention previously unavailable in today's primary care practices. Patient members pay an annual membership fee to receive a higher level of customer service, on-time appointments, healthcare on demand 24/7, 30 minute minimum appointments with their physician and proactive, personalized wellness programs. Insurance, including Medicare, is accepted for covered medical charges, but it does not cover the membership fee. Existing family practitioners and internists are recruited, given a comparable base salary and financial incentives based on the quality of health care delivered, not the quantity. Patient panels are reduced from the current 3,500 – 5,000 average to 600 per doctor. T h e Company also currently offers an Executive Physicals to corporations such as Capital One, Brinks Security, Owens & Minor, Massey Energy, Luck Stone and Interbake Foods. Partner MD is seeking $1-2 million for product development, marketing/sales, distribution, etc.
Contact : Linda Nash, CEO — PartnerMD, LLC,: 804-282-1793; LNash@partnermd.com
October 21, 2004 Century Club Grubstake Breakfast Program® Presenters
4Wave Inc.
4Wave is the premier developer of advanced, sub-nanometer, deposition and etching technologies. These technologies initially were developed to enable the manufacturing of 4Wave's miniature multi-filter chip. The multi-filter chip will enable the implementation of 10GBE on the installed multi-mode fiber. 4Wave also has been delivering biased target deposition equipment to companies in various industries such as the data storage and optical storage industries. The company plans to build its capital equipment business in parallel to manufacturing the multi-filter chips. 4Wave is seeking $1.8 million in funding to be used to commercialize the multi-filter chip into a Transmit Optical Sub Assembly (TOSA) marketing, sales and continue the development of its product.
Contact: Sami Antrazi, President—4Wave, Inc.; 703-787-9283 x108; santrazi@4waveinc.com
Balywho, Inc.
Utilizing TV-like displays networked through centralized content servers, Balywho, Inc . supplies and operates Internet-enabled media solutions in the elevators of high-rise buildings. Balywho programming includes entertainment, tenant communications, and advertisements, displayed to a captive and affluent audience. Advertisers currently are seeking alternative media outlets for their messages, resulting in an exodus from traditional media channels. Taking advantage of this trend, Balywho provides a new and dynamic medium, delivering a unique reach to an attractive demographic (according to a May 2002 Nielson study, elevator advertising delivers the highest recall rates compared to other media, 40% higher than TV and double that of newspapers). Balywho also improves communications between property owners and their tenants. The product is viewed as an attractive amenity increasing building prestige. Balywho already has contracted with several of the country's leading commercial real estate owners and is far along in negotiations with others. Balywho is seeking $2 million to fund for rapid growth into these properties, and for on-going operational expenses.
Contact: Sean Cease, President & CEO/Chairman of the Board —Balywho, Inc.; 703-641-0256; scease@balywho.net
EZArchive, Inc.
EZArchive is an exciting new provider of online personal media management services. As a subscription-based portal for consumers, EZArchive provides the easiest and most effective way to preserve, access and share digital content online. The EZArchive solution is designed specifically to address the management issues resulting from the growing worldwide digital revolution. Consumers today are inundated with ever-expanding personal collections of digital photos, video clips, music files and more. By bringing their disparate digital formats into one centralized archive, consumers can better manage and share what they have. The company is managed by a team with extensive archive and online consumer photo sharing experience. A recent market test attracted almost 18,000 new members to the site in just three months. EZArchive will be utilizing a partner channel strategy and is seeking $2 million in funding to be used for business development and infrastructure growth. EZArchive expects to be profitable by mid-2005.
Contact: Pam Huling, Founder, Principal, Operations —EZArchive, Inc.; 571-332-5427; phuling@ezarchive.com
Roadstar Internet, Inc.
Roadstar Internet is the premier wireless broadband network provider serving enterprise and residences in the mid-Atlantic region. Roadstar operates its own wireless network using various licensed and unlicensed spectrum. With a unique, scalable network architecture that includes a wireless, high-speed core infrastructure, Roadstar provides efficient connectivity solutions to enterprise, residences, towns, municipalities, and enhanced service providers. The Roadstar connectivity solutions provide the flexibility of megabit and multi-megabit performance along with the feature, functionality, and reliability required for complete, end-to-end, commercial internet network services. Roadstar is seeking $1.75M in funding to be used for growth of current business based on existing business model, sales, marketing, and build out team.
Contact: Marty Dougherty , CEO—Roadstar Internet, Inc.; 540-554-2360; mdougherty@roadstarinternet.com
Sensics, Inc.
Sensics uses patented cutting-edge technologies to make wide-field displays and cameras without performance trade-offs. The company's goal is to become the leading supplier of augmented reality solutions (displaying real-world data combined with computer-generated information) both to the military and to commercial customers. Sensics' first product, launching this quarter, is targeted at the visual simulation market. Frost & Sullivan estimates this market at $1.4 billion in 2004, growing to $2 billion by 2009. The display systems segment of that market, which Sensics can immediately address, is valued at $110 million, and expected to grow at 12% a year. The firm's strategy is to establish its brand at the high-end first, and then push the technology down to the consumer level over time. Sensics is seeking $2M to complete its management team, launch a marketing campaign, manufacture several systems for sale, and bring additional products to the market.
Contact: Larry Brown, President and Founder—Sensics, Inc.; 443-226-2967; larry@sensics.com
June 15, 2004 Century Club Grubstake Breakfast Program® Presenters
Fidelis Security Systems, Inc.
Fidelis Security Systems provides a new category of content security solutions called extrusion prevention systems that detect and prevent the unauthorized transfer of sensitive/valuable information off computer networks. The market for content security is expected to exceed $2B annually by 2005. DataSafe™ is the first extrusion prevention system™. DataSafe works by identifying critical data types leaving designated sensitive information areas, stopping the data transfer in real time, and collecting forensic evidence. Fidelis has targeted the U.S. Department of Defense, healthcare privacy (HIPAA), and financial services privacy (Gramm-Leach-Bliley) markets. Fidelis Security Systems was founded in May, 2002. The founders of Fidelis Security are experts in network security technologies and high-tech marketing with a track record of success. The two co-founders of Fidelis were colleagues at InforMax from pre-funding through IPO in October 2000. Their combined responsibilities covered sales and marketing, product support, and engineering. The company is seeking $1-2M in funding for marketing, business development, sales, product, support and operations. Contact: Timothy Sullivan, CEO—Fidelis Security Systems, Inc.; 301-941-1973; sullivan@fidelissecurity.com
MicroLab Diagnostics
MicroLab Diagnostics has products that can be marketed in one year that solve critical problems in the forensic market. Key customers, the FBI and Cellmark, already are lined up. The FBI is funding product development with $1.5 million. These products will produce positive cash flow within 18 months. The management team has senior management experience in the clinical lab, large diagnostics company, and with successful startups: Dr. James Landers, Director of Clinical Pathology, the Mayo Clinic. Keith Lingenfelter, VP of Diagnostics, IGEN International (Sold to Roche for $1.5 billion) and Abbott Labs. MicroLab has an extensive technology platform (12 patents) that for the first time covers all steps needed for performing “complex” diagnostic assays in the Biochip format. Currently these assays require 3 to 4 hours to two-day procedures. MicroLab’s are simple ten minute, one-step formats. The company is seeking a seed round for $2 million, $0.75 million is committed. This funding plus the FBI’s $1.5 million will be used to develop beta site units for our customers. Contact: Keith Lingenfelter, VP of Diagnostics—Microlab Diagnostics; 301-529-3424; keithlingenfelter@netzero.com
Transactis, Inc.
Transactis has a unique, patent-pending bill payment service that facilitates secure ACH and credit card payments within the email itself. Today, the only “electronic billing” option is online billing, which uses a web site and email is used only as a reminder tool. Over the past 2 ½ years the company has proven that email recipients are 20-to-200% more likely to conduct a transaction in an email versus on a website, if given the choice. Still, while companies seek to convert customers from paper to electronic billing, the typical company has succeeded at moving only 5% of its customer base off of paper. The key reasons include operational complexity, too many web pages and clicks, and challenges in simple tasks such as saving and printing copies of bills,Transactis’ email billing product, BillMail™, gives billers a more user-friendly e-billing product that is more likely to be accepted by consumers as the best alternative to paper billing. The company has raised approximately $1MM to date.Transactis has an experienced management team, with experience in both startups and large companies, including transaction-based services firms such as ADP. It has a full pipeline of utility companies, one of the country’s top billing vendors and two Fortune 100 companies.The company currently is seeking investment of $2M for working capital--primarily sales and marketing. Contact: Tom Kohn, Co-Founder/CEO—Transactis, Inc.; 301-404-2779; tkohn@transactis.com
VideoNEXT, LLC
VideoNEXT sells software for facility and infrastructure security. Customers are government organizations. Our software glues together video cameras and specialty peripheral devices (including biometric and access control), to help create a secure environment at affordable cost. The software operates on open source Linux. The end user realizes significant cost savings through the use of existing infrastructure, lower installation and operating costs, loss reductions and personnel efficiency improvements. Numerous GUI’s engineered for each type of user (guard, network administrator, facility security manager, etc.) make the solution easy for that person to use.The market for this type of enterprise level software is large ($ billions) and growing (25%). VideoNEXT has achieved significant milestones that reduce investment risk. It has key customers and a significant pipeline, and is at breakeven.The company is seeking $750,000 in equity to fund additional working capital, research & development and expanded marketing. Contact: George DeVaux, CFO—videoNEXT, LLC.; 703-903-0227; george@devaux.org
March 25, 2004 Century Club Grubstake Breakfast Program® Presenters
Advanced Vision Therapies, Inc.
Advanced Vision Therapies, Inc. (AVT) is an early stage drug discovery company that is entirely focused on the development of sustained, potentially life-long therapies for the major blinding eye diseases. AVT was founded by three scientific directors, formerly with Novartis, to commercialize their pivotal research in localized, ocular-based therapies. The ocular diseases, such as age-related macular degeneration, have multi-billion dollar markets and significant unmet medical needs, yet have been underserved by large pharma. Recent clinical trial data suggest that these diseases will be treatable, but with therapeutics that must be repeatedly injected directly into the eyes. AVT recognized that an improved delivery system is required to enable the broad application of ocular therapeutics. AVT identified a novel therapeutic and developed a proprietary delivery system, which, with a single administration will provide sustained, possibly life-long, therapy. AVT is seeking $2M to complete the research and early development for AVT's first product.
Contact: Sheila Connelly, Co-Founder/VP of Bus. Dev.—Advanced Vision Therapies, Inc.; 240-453-8478; sheila.connelly@AVTxInc.com; www.avtxinc.com
ClimaTech Safety, Inc.
When it is ‘hot as Hell' and the job still must get done, ClimaTech's patented cooling vests--wearable personal air conditioning—help personnel stay cool! More people die in the U.S. from heat than from all natural disasters combined. U.S. industry suffers an estimated $25 billion in productivity losses annually due to heat. ClimaTech has solutions: Affordable, effective, simple, proven superior solutions based on technology protected by our four patents. Since 1995, ClimaTech products have been cooling personnel in extreme heat environments. These products have been used across the country by firefighters, U.S. military (Army, Air Force, Marines) and industrial workers (Caterpillar, 3M, DuPont) to address heat problems—thereby increasing productivity, comfort and safety. ClimaTech is seeking $750,000 in expansion capital to accelerate the company's rapid sales growth (+400% since 2002) and to expansion of distribution infrastructure (+1000% since 2002) with advertising, marketing and promotional support. Funds also will be used to hire additional key personnel.
Contact: Steve Sadler, CFA—ClimaTech Safety, Inc.; (804) 436-0089; Steve.sadler@climatechsafety.com; www.climatechsafety.com Verication, LLC
Verication's products provide a non-destructive, forensic test combined with a global database of product information to eliminate medication errors in pharmacies and hospitals and to detect counterfeit drugs in the pharmaceutical supply chain. Verication is seeking $2M for product development and working capital to acquire assets, hire personnel, develop collateral materials and purchase inventory through first year of sales (year 2 of operations).
Contact: Jeff Hall, Business Development/Sales—Verication, LLC; 410-465-9492; verication@comcast.netWPS Company
WPS Company manufactures technology for on-site medical waste and confidential media destruction. The processed waste is reduced 80% in volume and 15% in weight and is totally sterile, non recognizable and non hazardous. The end product can be handled by any landfill. Technology serves several vertical markets: Healthcare, pharmaceutical, clinical labs, surgical centers, nursing homes, government etc. WPS' multi-patented, unique technology is offered through capital purchase, lease or a complete turnkey service agreement. Options are funded by GE Health Services. The essence of the technology is steam sterilization and the simultaneous maceration of material in a closed pressure vessel, generating no odors or negative air emissions thus noted as the best environmentally-safe product on the market. WPS is on GSA Schedule, has a National Contract with AFMLO/VA and is a Premier (GPO) Business Partner. Customers include: Hopkins, Red Cross, US Navy, US Air Force, Quest Diagnostics, VA and USDA.
Contact: Bill Norton, President/CEO—WPS Company; 443-524-4245; wdnorton@wasteprocessingsolutions.com; www.wasteprocessingsolutions.com
WPS is seeking $2M for capital expenditures, marketing and sales G & A and working capital.